CoreLogic released its auction report yesterday, which reported another fall in the preliminary national auction clearance rate to 67.8% from 69.4% last weekend, and remained well below the 74.4% recorded in the same weekend last year:
Auction volumes nationally were 3,690 – way above the 2,253 recorded in the same weekend last year:
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As shown above, Sydney’s auction clearance rate fell further to 64.1%, below the 68.8% recorded last weekend and way below last year’s 80.5%. However. auction volumes were higher, with 1,196 homes going under the hammer versus 1,100 on the same weekend last year:
